eGaming Review August 2014 - 123 | Page 8

NEWS / THE BRIEFING / Q & A KEITH O’LOUGHLIN SPORTSBOOK DIRECTOR CORAL INTERACTIVE Q You’ve recently swapped a CTO position at Boylesports for a sportsbook role at Coral Interactive. What appealed to you about the move? Coral Interactive has only been going about two years so a lot of aspects of the company have a start-up energy. I love being a part of that level of drive and energy, and I am used to it from running my own software company in the past. There are various things I’ve done in the industry which were a good fit in terms of what Coral wanted to do in the next couple of years. A Q What do you anticipate being your biggest challenge? Our business has been hugely successful but we face many of the same challenges felt across the sector. My biggest challenge is growing our product offering, to make sure we’ve got a best-in-class range of markets, to grow in-play and to make sure every aspect of the user experience, from the website touch points to customer service, is best in class. Customers don’t look at these things separately – they just want a great experience from their bookmaker of choice. A Q What work are you expecting to do on the mobile front? There’s a lot of ways to build on our baseline for our mobile product, which is very strong in my view. I’ve got hugely ambitious plans for what we can achieve. I still think mobile is in its very early days so I want to innovate and set our business apart, rather than just keep up with the leaders. That’s where the opportunity lies. It was only really in 2013 when mobile was hitting 50% of revenues for some operators, and it’s going to be a huge thing for the next five to six years at least. A 8 Q How would you rate Coral’s mobile and tablet offering? Our native tablet app is a great experience. For Wimbledon we had live prices for all in-play matches, creating a really smooth experience. My job is to make sure everything is as good as it can be from a customer experience point of view. In some respects it’s about being the voice of the customer within the business and making sure everything we do aligns properly with those needs. A Q What product innovation are you excited about? We saw some very encouraging signs regarding the Metric Gaming product (in-play betting micro markets) during the World Cup so I would imagine we’ll extend that moving forward. Customers were betting on free kicks for example, whether the player was going to score or not score, so it opened up great opportunities. That is something which is not only innovative but suits second screening perfectly. DUTCH TAX RATE ROW THREATENS ONLINE REGULATION A row over the rate of tax remote operators should pay in a regulated Dutch market is threatening to delay regulatory progress after the country’s Social Democratic party said it would vote against current proposals. Draft legislation has suggested a tax rate of 20% of gross gaming revenue should be established for online gambling, lower than the 29% rate set for land-based operators such as Holland Casino. Labour MP Mei Li Vos has criticised the proposals, labelling them “unacceptable” and likely to lead to a consumer shift to online products, leaving land-based establishments vulnerable. A Q Coral ran some pretty aggressive offers ahead of the World Cup. How are you going to retain those customers? We’ve shown over the last year that we’re able to deliver good revenues from customers and overall growth. Now I want to accelerate our innovation and delivery of value to customers. So each time they come back, especially after the World Cup, they will see they are getting more value, more markets, and greater variety of products. It’s also important to note that we run those kind of offers for existing customers, not just new ones. There are releases of new products every two weeks and we’re pretty aggressive in ramping that up. A UK-LICENSED BOOKIES TARGETED WITH RACING LEVY CHANGES The UK Governmen Ё